10th Jul 2017 17:12
10 July 2017
NewRiver REIT plc
("NewRiver" or the "Company")
Notification of transactions by persons discharging managerial responsibilities and persons closely associated
David Lockhart is a trustee of a family trust which held ordinary shares in the Company, and as such he had a non-beneficial interest in those shares.
The Company has been advised that on 7 July 2017, the family trust sold all of its 12,000 ordinary shares in the Company at a price of £3.492 per ordinary share.
Following this sale, Mr. Lockhart's interests have decreased to a total of 1,592,051 ordinary shares of the Company, all of which are now beneficially held.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| David Lockhart | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| NewRiver REIT plc | ||||
b)
| LEI
| 2138004GX1VAUMH66L31 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of one pence each
GB00BD7XPJ64 | ||||
b)
| Nature of the transaction
| David Lockhart is a trustee of a family trust which, on 7 July 2017, sold 12,000 ordinary shares in the Company. Mr. Lockhart is not a beneficiary of the family trust.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
N/a single transaction
| ||||
e)
| Date of the transaction
| 7 July 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Related Shares:
NewRiver